CERTYNEX IFRS ACADEMY

Alba SA holds 15% of the voting rights of Brise SA and warrants, currently exercisable, that would give it a further 10 points. Alba's management has no intention of exercising them and lacks the necessary funds (case data). How do these warrants enter the assessment of significant influence?

They are ignored, management having neither the intention to exercise them nor the funds to do so, which deprives them of any effect on influence.

They are taken into account where Alba's management intends to exercise them and has the necessary funds to do so.

They are counted at their nominal amount as voting rights already exercised, without examining their exercise terms.

They are taken into account because they are currently exercisable; management's intention and financial ability are left out of the assessment.